|
Post by taruna on May 7, 2015 5:49:36 GMT
Hi Nick
"We are currently undertaking an exercise to make our OTs harder, and are seeking student feedback on question style and types for all papers. That should help us refocus both our study text and our mocks and questions once complete."
I am currently studing P3 using Astranti notes? With the above in mind, are you going to change the study text and all other material? If so,do I need to re-purchase the necessary material?
Please advise.... Taruna
|
|
|
Post by astranticima on May 8, 2015 8:05:21 GMT
Hi Taruna, If you have already bought the materials for P3, you will be automatically given the newly updated materials - you won't need to pay again!
|
|
paddy
New Member
Posts: 1
|
Post by paddy on May 9, 2015 7:47:57 GMT
Was studying for the Strategic Case study and heard the negative feedback about the tests from the tutors and came searching online for info. I passed all my Strategic Level exams in the new syllabus in first attempt. Got all three over in like 20 days flat so as to catch the Case Study Cutoff deadline.
My feedback as follows:
- The competency required for passing is more on judgement and concept clarity rather than mugging up or sample question. There cannot be statements such as "You will get one consolidation and one learning curve or ABC costing surely". - This makes the tuition that you receive more crucial as concepts need to be absolutely clear while self study students will be well advised to refer online for more clear explanations or more AV resources. - English reading and comprehension skills are key. There are subtle differences in the answers and these make it tougher to spot where you are going wrong. - The exam technique needs to also focus on ruling out the obviously wrong ones. This is very helpful in the select all types and i got a lot of these in P3. - Time pressure is there but i used an instinctive approach whereby if i am unable to get a good feel about the question in the first 30 seconds I used to flag it for review and go ahead. Come back once you have completed. in P3 for example i had about 6 questions flagged and 5 min left. Was able to solve 3 and guessed 2 one of then was input based and hence no guessing. - I found that if you have done tuition of some sort it might be a better way of doing questions and revising the theory if answer wrong i.e. go back to book to refer rather that read the book thoroughly and then attempt. For self study, there is no option but to read an explore concepts first. - The onscreen calculator is horrible and CIMA need allow own calculator for the future as well. Same is the case of the joke that they called as the physical scratch pad. But to be honest it had use only in P3 (bit) and F3 (mostly). - I would have really liked to have the scores if not in marks at least how many correct question as this would have been a better indicator of competency and could serve as motivating / feedback factor.
What I used:
Kaplan Material provided and various mocks provider by my tuition provider.
Hope the above helped and all the best.
Cheers!!!
|
|
|
Post by sandareka on May 9, 2015 11:56:40 GMT
Hi! I was really surprising to read the comments of students who done P3 and F3. Coz so far I thought I'm the only one who experienced such a disastrous exam!! I find CIMA now more difficult than ever before. I failed P3 last week for the first time of all cima papers. MY SUGGESTION IS cima exams are now unachievable within the time duration they allocate. Just only ONE AND HALF MINUTE TO DO QUESTIONS LIKE SCENARIOS AND SELECT ALL THAT APPLIES!!! This is really really unfair and unachievable !! For this time frame CIMA SHOULD AT LEAST GIVE 40 or 50 maximum questions not 60. (like select all that applies require more time) Further staring at computer screen for 90 minutes in a huge pressure and tension make students fall into a worse situation and difficulty. OT exams are not user friendly as simple. If CIMA CONTINUES TO DO SAME LIKE THIS I think lot of students will loose their courage to get the CIMA QUALIFICATION and cima also will loose students.
|
|
mic80
New Member
Posts: 2
|
Post by mic80 on May 20, 2015 8:11:20 GMT
Hi,
Does any one know about P3 and F3 review is it sorted now?
|
|
|
Post by astranticima on May 22, 2015 9:42:54 GMT
Hi, Does any one know about P3 and F3 review is it sorted now? Hi Mic80, we've heard that the review will be finished in 2-3 weeks time by CIMA, so mid- June time
|
|
|
Post by lianpeters on May 25, 2015 15:23:38 GMT
Hi, Does any one know about P3 and F3 review is it sorted now? Hi Mic80, we've heard that the review will be finished in 2-3 weeks time by CIMA, so mid- June time I am so tired of CIMA...... mid june? they said mid-may..... i'm seriously thinking of switching to ACCA.... they seem to be more consistent.... CIMA is playing with it's students....
|
|
|
Post by taruna on May 26, 2015 6:40:13 GMT
Hi, I agree with mic80, how do I continue my P3 studies while I have to wait for some feedback from CIMA. As a student reading the comments about the exam leaves me demotivated and a sense of whether I should continue studying or just go elsewhere. The OT exams are really expensive as I am a South African and the ZAR to GBP is quite high. I cannot afford to waste money and time on P3 which doesn't have direction.
I purchased the Astranti notes and practice questions, in this time which there is no indication from CIMA what is your advise to us students? Should we continue studying or should we just wait....
Thanks Taruna
|
|
krw
New Member
Posts: 4
|
Post by krw on Jun 10, 2015 11:56:51 GMT
Hi,
I just sat the F3 OT first the first time on 5th June. I have never entered an exam feeling that I knew the syllabus so well, so from this point I felt confident, however the OT I found IMPOSSIBLE! The questions had too much information to read and take in and no where near enough time. Because of this I quickly ran out of time which made me more panicked the further I got into exam as I could see I was going to fail and of course, I did FAIL! I felt i would have stood a chance answering the questions correctly if there was a realistic amount of time to take in the information in the scenario and have a chance to think and calculate. All I could think was - this is ridiculous and this is impossible.
I came out of the exam gutted as I worked the hardest I had ever worked preparing for the exam, only to feel I never stood a chance at passing it. I felt as though CIMA were trying to make people fail it by not giving them a fair chance. I won't be sitting an exam again until CIMA sort their act out, and stop making their students waste their time and money!
|
|
ayan
New Member
Posts: 2
|
Post by ayan on Jun 10, 2015 17:13:45 GMT
I did E3 in April and failed. It was worse than expected. Time isn't enough. There are not enough study materials available. CIMA should look into this matter before implementing the changes. I believe that they should review E3 exams as well. Its very disappointing. About the feedback,it doesn't help at all. Saying not proficient does it mean 30% 40% 69% or 1%? It has no use at all. cima should consider reviewing E3 as well soon.they should stop playing around with us. They should provide adequate study matrials plus sound practice questions to practic. We can then know what will be tested and its depth.this is very disturbing. I did the kaplan bpp and some mock too. Yet failed. Cima should be little lenient on this.
|
|
|
Post by ingridlouisem on Jun 15, 2015 10:47:58 GMT
Hi All,
Any new news on the strategic exams and what CIMA plans to do?
I wrote F3 the 12th of June and found it exactly as everyone here said. I went into the exam very positive, but came out distraught! Only after the exam did I start looking up what other students are saying and felt a bit better to know I am not alone.
I failed - all I know is I was only proficient in one of the three areas. This is such useless information without a mark. The test is impossible to do in 90 seconds per question. I don't know if I was just unlucky, but I had NO short questions. I couldn't even properly read the questions in the given time, never mind calculate. What is this actually testing?
As most of you I could also do all the BPP questions and the online Pearson VU practice exam - what a joke!! These questions were far below the exam questions standard.
I am so upset about the time and money I wasted on this exam. And on CIMA so far as I do not see how I can continue. I cannot study harder than I did - I don't think I will ever pass this test with the ridiculous time constraint and lack of on-standard study material and practice questions. Passing this exam is like winning the lotto - except the ticket is way more expensive.
|
|
krw
New Member
Posts: 4
|
Post by krw on Jun 16, 2015 15:48:07 GMT
Hi ingridlouisem,
I emailed CIMA to find out what was happening as I sat the F3 paper on 5th June and felt the exact same about it as you did. I have worked harder for this exam than I have ever done but found the exam almost impossible to achieve as there was no where near enough time to read the questions, think about them and calculate the answer. I felt like CIMA had virtually set us up to fail!
CIMA have replied and said my result will not be reviewed as they were only reviewing exams taken up to the date of 3rd June, so any after that date should have been under their 'new standard'. I don't understand what exactly they are meant to have improved as the exam I took was still ridiculous. I'm not wasting time and money again for something I feel there is such a small chance of achieving anyway. Like you say, it seems you need more the luck to achieve it than the knowledge and competency!
I used to think CIMA was brilliant, but now I feel like they are just wasting our time and money.
Regards, Karley
|
|
eva90
New Member
Posts: 1
|
Post by eva90 on Jun 19, 2015 20:16:53 GMT
This is becoming very frustrating, especially reading all the reviews about students working so hard but yet failing. This should suggest to CIMA that there is something not right about their new syllabus and the way of testing students is very unfair. Its more luck than anything now, depending on who gets the easy questions.
I sat P3 a few days ago and failed which I wasn't surprised about. Too many select all that apply questions. I feel like I am trying to work out what the examiner is thinking, rather than saying what I think the answer is and being able to justify it. Like others, I have never worked so hard and then to have all of it over within 1.5hours. Was looking forward to some free time but now I have to go back to the books. CIMA is just becoming a money making machine - tempted to change to ACCA!
|
|
|
Post by ingridlouisem on Jun 29, 2015 15:27:52 GMT
I think the worst is that CIMA does not respond. After sending many emails, fb messages and posts a guy from johannesburg Cima office got back to me (but with no answers). He is following up with CIMA UK, but still no feedback. I think it's criminal that so many students had to pay so much for textbooks, study leave, exam and annual CIMA fees - to be used to test the new syllabus which is obviously a failure. And then CIMA does not respond to any of our concerns. The only way to MAYBE pass if you are LUCKY is to keep writing the exam. So can be a pretty penny to pass an exam. I'm trying to get the credit on my account refunded to me (what would be fair is to also get the wasted annual fee and exam fee - but sure that won't happen) I am distraught to have to give up on this dream of getting my qualification, but seems that's the only option. And so close to the end, so much time, money and effort wasted to get here and now have to give up
|
|
|
Post by ingridlouisem on Jun 30, 2015 10:17:27 GMT
|
|
bmer
Junior Member
Posts: 64
|
Post by bmer on Jun 30, 2015 15:44:06 GMT
It certainly seems odd that the pass rates of the F & P papers at both the management and strategic levels are so low we know that a fix has been put in place for F&P 3 papers but surely this adjustment only bringing passes up to a level below 50% shows that the types of questions asked in these papers are not conducive to be answered in the allotted exam time.
Don't get me wrong I am all for challenging exams after all that is what makes the qualification worth having in the end but how does this compare to previous exam sittings? sorting the wheat from the chafe is one thing but using examinations as a money spinner is a completely different matter. it would be interesting to know the thoughts of tuition providers regarding this as for those with pass guarantees this must be costing them a pretty penny.
|
|
|
Post by marccurrie on Jul 1, 2015 8:40:17 GMT
What a sad joke this is turning out to be. I emailed CIMA about two weeks ago and still no reply. I also requested a refund for my exam entry fee (or a free rewrite), on the basis that I never would have booked an F3 exam on the date which I did, had I known that I only had a "45%" chance of passing, mainly because the accredited study material is so inadequate. I am not going to give up just yet, but I will not waste my money on another exam until I see evidence that CIMA has turned things around to improve pass rates. In the meantime, I believe the best thing to do is continue studying the material I have already bought, investing just enough time to keep the course content fresh in my memory. My concern is that CIMA's recent display of poor management is going to get it into some serious trouble.
|
|
|
Post by sandareka on Jul 16, 2015 16:15:50 GMT
Hi,
I sat for P3 for the second time and failed despite long hours of study, practice exams, and 100% confident of syllabus. Even though CIMA said they changed the passing mark I really wonder about it!! I passed all CIMA papers in my first attempt and I never failed before. As Everybody complains CIMA OT exams are enormously tough and difficult. Too many select all that applies qs , I think more than 35 questions I got, very long questions and too short and restricted time for completing 60 questions is really hard. simply, I think CIMA exams are not compatible with the relevant qualification now, since paper based exams are the best to become a qualified Chartered accountant.
we are like blind people following an UNACHIEVABLE TARGET because we don't get any score , mark or no way to know about our weaknesses or strengths. First of all CIMA need to be transparent & realistic and should set goals for students which are achievable. CIMA was an interesting target for me before but now It has become a disastrous nightmare!! I hope CIMA will change back to paper based exams one day like before and will give confidence to students to achieve their dream again.
regards
-a disappointed student
|
|
|
Post by jowyso on Jul 24, 2015 6:55:07 GMT
Hi Everyone, I sit P3 OT last Friday and surprise surprise I failed. I would like to share my observations: I know why I failed! Not because I was not prepared - I am prepared very well!!!! Not because I am missing competences in some areas - I have those competencies just this exam didn't allow me to show them!!!! Not because bad time management - I followed CIMA instructions but when I skipped the lengthy questions it looked like I would have to skip 80% of them so I wasted time before I realised what is going on. Not because other commitment got in the way - I devoted every moment I had to prepare for this exam., I feel like I neglected my family and friends. I FAILED BECAUSE THIS TEST IS DESIGNED TO BE FAILED:
1. LENGTHY QUESTIONS - which takes 1 minute or longer to read and understand! 2. LENGTHY OPTIONS TO CHOOSE FROM - which take 1-2 minutes to read, understand and match with question (probably more if you would like to make sure you didn't miss anything) 3. PROPORTION OF "SELECT ALL THAT APPLY" COMBINED WITH POINT 2 - it was at least 50% of them 4. QUESTIONS WITH CALCULATIONS COMBINED WITH POINT 1 - they take about 2.5 minutes to answer. 5. LACK APPROPRIATE QUESTIONS TO PRACTICE ON (but probably this is the least important in the light of points above) - I had pass on your (VUE) practice exam 93% on others providers on average 85-95% (I did about 1000 questions from various providers). That did allow me to believe I was ready and that is why I sit the exam. Of course now I do understand that was to mislead students particularly the VUE one. OT gives students 1.5 minute per question so do your math and try reconcile this to the points above. I thought that CIMA qualification is preparation for being a top financial manager who makes strategic decisions??!! I think I was mistaken - could anybody tell me which organisation require to make strategic decisions in 30 seconds? The other think. I found a lot of mistakes in other providers exam kits including CIMA recommended Kaplan. Mistakes were mostly in answers but sometime even in questions (missing word "not" for example) and sometimes in matching correct answer to the question. Basically I was doing audit on these exam kits (it is a shame I was not paid for that). So what assurance we students have that these mistakes are not in CIMA data base? CIMA suppose to revise OT in May. They said they did but I don't think so. How many people had they results really revised? CIMA sent me this "don't give" up e-mail with this touchy motto (I am sure those who failed OT received this): “Good things come to those who believe, better things come to those who are patient and the best things come to those who don’t give up.” - unknown I like this and always applied in my life. Lets paraphrase this: “Good things come to those who believe, better things come to those who are patient and the best things come to those who know when to give up on lost matters and are able to focus on successful ones.” Conclusion: - I am not going to pump any more money into lost cause and CIMA recapping investment costs (I think reality exceeded CIMA's expectations) !!! I choose abandonment real option! Good luck for those who still believe.
|
|
|
Post by Joanna on Jul 30, 2015 9:09:36 GMT
Hi All,
Is there any update regarding CIMA review of current Strategic Level exams? I was trying to find some official information about the review but I failed. Is the review happening? Is there a chance that something will change in the case of exams? I have bought P3 book from Kaplan, is there a chance that they will publish updated version?
|
|
|
Post by tracey on Jul 31, 2015 12:19:53 GMT
Hi Everyone
I sat F3 on Monday the 27th of July and passed on my first attempt under the new syllabus. I agree the exam is very difficult not because of the level of work but how the exam is set out. The questions are very long with lots of information to process in a short period of time.
I used quite a few tuition providers : Kaplan ; First Tuition ;BPP;Acorn and Astranti.Kaplan and First Tuition for me was the best .I also attempted all the questions and mocks under timed conditions. I also attempted the Kaplan intergrated questions of the Study text , which I believe made the difference. In the exam you must be able to read fast and select the info that is relevant to the question. This experience I gained from the Kaplan intergrated questions.
The amount of the hours you must in also important . i studied for 4 weeks 5 hours during the weekday which was 2 hours in the morning before work and 3 hours at night after work. Weekends was toatlly devoted to studying.
Also read the comments on Facebook as the guys do share the expereince.
So please dont give up you came so far. You will be able to pass.
kind regards Tracey
|
|
|
Post by tracey on Jul 31, 2015 12:24:31 GMT
Hi Everyone
I sat F3 on Monday the 27th of July and passed on my first attempt under the new syllabus. I agree the exam is very difficult not because of the level of work but how the exam is set out. The questions are very long with lots of information to process in a short period of time.
I used quite a few tuition providers : Kaplan ; First Tuition ;BPP;Acorn and Astranti.Kaplan and First Tuition for me was the best .I also attempted all the questions and mocks under timed conditions. I also attempted the Kaplan intergrated questions of the Study text , which I believe made the difference. In the exam you must be able to read fast and select the info that is relevant to the question. This experience I gained from the Kaplan intergrated questions.
The amount of the hours you must in also important . i studied for 4 weeks 5 hours during the weekday which was 2 hours in the morning before work and 3 hours at night after work. Weekends was toatlly devoted to studying.
Also read the comments on Facebook as the guys do share the expereince.
So please dont give up you came so far. You will be able to pass.
kind regards Tracey
|
|
|
Post by Marcus on Aug 5, 2015 18:34:59 GMT
Good day,
Is anyone out there able to tell me whether or not the 'cimastudy Aptitude' products (the ones for 6 quid) are of any use at strategic level OT for E3 or F3? Their flimsy website doesn't seem to work and can't even allow me to make a purchase, which is never a good signal. Also, can someone please tell me how the Acorn E3 OT exam practice kit questions compare to the actual E3 exam questions in terms of difficulty level? I ask this because I experienced huge differences between BPP practice questions and actual exam questions with F3. I know the Acorn material and 700 questions inside out but honestly Im not sure if this is enough to pass. There are a lot of one-liner questions in there. I can tell you with certainty that the quality of the Acorn practice kit is absolute dog s@#t as far as error count and grammar goes, but I guess we are expected to work around that.
Many thanks!
|
|
|
Post by maurizioganz on Sept 7, 2015 8:27:53 GMT
I have passed F3 and E3, both from the first attempt. It was very challenging, time management is crucial. My advice is to leave 5-6 long questions for last 15 minutes of the exam. It is better to skip (leave unfinished) one question than to spend 7-8 minutes for the answer.
I am using Kaplan Publishing material and I am very satisfied. Also, a lot of objective questions are available in on-line form, you just need to activate bar-code from first page of book.
Now I am preparing myself for P3 exam.
|
|
|
Post by Cima student on Sept 14, 2015 16:32:15 GMT
I have passed F3 and E3, both from the first attempt. It was very challenging, time management is crucial. My advice is to leave 5-6 long questions for last 15 minutes of the exam. It is better to skip (leave unfinished) one question than to spend 7-8 minutes for the answer. I am using Kaplan Publishing material and I am very satisfied. Also, a lot of objective questions are available in on-line form, you just need to activate bar-code from first page of book. Now I am preparing myself for P3 exam Hi Maurizioganz I'm considering purchasing the Kaplan practice kit for F3 how would you say that compared to the actual exam? I currently have the bpp material which I don't feel is any help. Any advise, thoughts much appreciated. Congratulations on on your passes and good luck with the next one.
|
|
|
Post by peterwhite on Sept 28, 2015 13:02:58 GMT
Today I finished strategy level's OTs. At this level I started with E3 and passed easily at the first attempt using Kaplan's book and practice kit. Then P3's experience was not that good, I failed once when I was using Kaplan and BPP's materials and BPP was really misleading!!! I passed it at the second time with Kaplan material and Astranti's practice/mock. However, you still need some luck to be assigned with a variant which doesn't have loads of SELECT ALL and long scenario questions. When I started preparing F3, I found some vague points in Kaplan's P3 materials were clearly covered. Therefore I think it is better to attend F3 before P3, it would save you a lot of effort. F3 is not difficult as long as you keep the key formulae in your mind and I also passed it at the first attempt. I spent 2 and a half months on the 3 OTs and found Kaplan's material was the most useful one despite that they do contain some obvious errors. Anyway, every provider's material contains lots of errors even with CIMAstudy.
|
|
|
Post by taruna on Sept 29, 2015 13:03:06 GMT
Hi Peterwhite... congrats on passing all the OT Strat exams... how many hours a day did you study?
|
|
|
Post by peterwhite on Oct 1, 2015 11:00:18 GMT
Hi Peterwhite... congrats on passing all the OT Strat exams... how many hours a day did you study? I think it's about 6-8 hrs a day? Did not calculate it precisely.
|
|
|
Post by Jagg on Oct 12, 2015 12:25:42 GMT
I have so far sat F3 only and passed at the 2nd attempt (after the pass % was dropped).
I didn't study as long hours as some of those mentioned in the thread but took as long as I needed until I was comfortable and ready to sit (I will not again sit within the time frame to obtain the passplus, with the likes of BPP and Kaplan, as I think this is out of order on students who are somewhat forced to sit when not prepared enough - £115 down the drain in most cases - and i say somewhat forced because students should make up their own mind when they sit regardless of the service providers package sold.
I found my problem from the first time round was my understanding of the content in the short time allowed. the more i practiced and audited answers, the more sense the questions made. I studied with BPP (not - not good enough on its own to pass in my opinion), and also used Kaplan exam practice kit and 3 exams purchased from astranti as well as the free paper on the cima website.
I worked on the basis of trying to achieve 10% more than the actual pass mark, so I was aiming for 80% even after the pass mark was dropped. this seemed to work for me as I was left with extra 5-10mins even after answering and reviewing all questions. hopefully E3 works for me in this way (in a few weeks), and as I see people seem to struggle with P3 I will be adding additional material to attempt to pass. I began studying E3 in august, and only now feel prepared to sit (3 months in total), but thats me - everyone is different and kudos to those that study hard enough to pass in shorter space of time
The biggest problem I still believe with the service providers is that not a single one of them provide enough practice questions, so bearing that in mind I don't believe any one of them value for money - although based on reading kaplan seems to be better than others.
|
|
|
Post by Maya on Oct 12, 2015 15:35:43 GMT
Hi everyone,
I just passed F3 (second attempt) and thought I'd share a few things I did that might help: - I answered the questions that did't require any calculations first (skipped all the others), - Went back and answered the ones requiring calculations - do the ones with only 1 correct answer first, you're less likely to get the multiple answer ones right so don't waste time on those, - I highly recommend bringing your own calculator - it's so much quicker than the on-screen one.
Generally speaking a huge proportion of the questions was about company valuations, way more than the 40% they say in the syllabus breakdown. So make sure you practice using different valuation techniqes, calculating share prices after a takeover, changes to gearing, etc. The scenarios given are way too long in my opinion which is why it might be better to skip the long complicated ones at first. That way you don't get stuck on one question and panic, eventually running out of time to do the questions where you could've scored marks.
Good luck!
|
|